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Is Talk Cheap? Buying Congressional Testimony with Campaign Contributions

Author

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  • Gibbs, Ryan
  • Gokcekus, Omer
  • Tower, Edward

Abstract

For the steel import quota bill of 1999, our answer to the question posed in the title is that each word in the Congressional Record costs $39 in campaign contributions from the steel industry. Consequently, our answer is "Yes."

Suggested Citation

  • Gibbs, Ryan & Gokcekus, Omer & Tower, Edward, 2002. "Is Talk Cheap? Buying Congressional Testimony with Campaign Contributions," Working Papers 02-31, Duke University, Department of Economics.
    • Handle: RePEc:duk:dukeec:02-31
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    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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